Congress 117 - HR 2220 - To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.

Sponsor

Rep. Michael Guest (R-MS)

Cosponsors

Topics

Government buildings, facilities, and property Government Operations and Politics Public contracts and procurement

Full Text

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Votes

Summary

This act specifies that a bargain-price purchase option (i.e., the option to purchase property at less than fair market value) in a lease agreement for a federal building may be exercised only to the extent the option is specifically provided for in subsequent acts of Congress. The act applies to lease agreements that are entered into on or after January 1, 2021.

Actions

Dec 21, 2022

Became Public Law No: 117-257.
Dec 21, 2022

Signed by President.
Dec 16, 2022

Presented to President.
Dec 1, 2022

Message on Senate action sent to the House.
Nov 30, 2022

Passed Senate without amendment by Unanimous Consent. (consideration: CR S6912)
Nov 30, 2022

Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Nov 30, 2022

Senate Committee on Environment and Public Works discharged by Unanimous Consent.
Nov 15, 2021

Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.
Nov 4, 2021

Motion to reconsider laid on the table Agreed to without objection.
Nov 4, 2021

On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 4 (Roll no. 363). (text: 11/3/2021 CR H6144)
Nov 4, 2021

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 4 (Roll no. 363).(text: 11/3/2021 CR H6144)
Nov 4, 2021

Considered as unfinished business. (consideration: CR H6200)
Nov 3, 2021

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Nov 3, 2021

DEBATE - The House proceeded with forty minutes of debate on H.R. 2220.
Nov 3, 2021

Considered under suspension of the rules. (consideration: CR H6144)
Nov 3, 2021

Mr. Pappas moved to suspend the rules and pass the bill.
Nov 1, 2021

Placed on the Union Calendar, Calendar No. 116.
Nov 1, 2021

Reported by the Committee on Transportation and Infrastructure. H. Rept. 117-159.
Jul 28, 2021

Ordered to be Reported by Voice Vote.
Jul 28, 2021

Committee Consideration and Mark-up Session Held.
Jul 28, 2021

Subcommittee on Economic Development, Public Buildings, and Emergency Management Discharged.
Mar 29, 2021

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Mar 26, 2021

Referred to the House Committee on Transportation and Infrastructure.
Mar 26, 2021

Introduced in House

Amendments

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